March 6, 2025 - 09:57
The Thai Chamber of Commerce has called on the government to take immediate action in response to the uncertainty surrounding U.S. trade policies. In light of recent developments, the chamber proposed the establishment of a dedicated "war room" to strategically address potential threats posed by tariffs from the U.S. administration.
The organization expressed that its concerns regarding U.S. trade policy are well-founded, emphasizing the need for Thailand to reassess its import taxes on American goods. This move aims to mitigate the trade surplus with the United States and adapt to the escalating global trade tensions.
In a significant development, U.S. President Donald Trump recently signed a sweeping trade memorandum, which mandates federal agencies to conduct extensive reviews of various trade issues by April 1. This includes an examination of ongoing U.S. trade deficits, which has raised alarm among Thai business leaders. The call to action underscores the urgency for Thailand to navigate the complexities of international trade effectively.
